|
Commission Schedule
 General Securities
Stocks, Bonds, Options, Unit Trusts, CMO’s, Underwriting and Third Market Accelerating Payout based on gross commissions on all products.
|
All Offices
0 to $100,000
$100,001 to $500,000
$500,001 and above
|
Does Not
Enter Orders
80%
86%
88%
|
Enters
Orders
82%
88%
90%
|
Rep order entry subject to VSR approval and Registered Rep Contract Addendum. All General Securities Commissions are after clearing charges.
Mutual Funds/Variable Products/DPPs
Accelerating Payout based on gross commissions on all products. To qualify for Multi-Producer payout levels, each Rep must gross $125,000 in production.
|
Single Producer
0 to $100,000
$100,001 to $300,000
$300,001 to $500,000
$500,001 to $1,000,000
$1,000,001 and above
|
80%
85%
87%
90%
92%
|
|
Multi-Producer Office
$250,000 to $400,000
$400,001 to $750,000
$750,001 to $1,500,000
$1,500,001 and above
|
85%
87%
90%
92%
|
Managed Accounts
Accelerating Payout based on total dollars under management through VSR Advisory Services per Producer.
0 to $1,000,000
$1,000,001 to $5,000,000
$5,000,001 to $10,000,000
$10,000,001 to $20,000,000
$20,000,001 and above |
80%*
85%*
90%
92%
95% |
|
* Or your Mutual Fund payout, whichever is higher.
Some accounts are subject to VSR Advisory Services' Administrative Fee. Ask for further explanation.
Commission payout will only occur when $100 or more is payable to the Rep. Amounts less than $100 will carry over to the next pay date. Direct deposits are paid on amounts of $100 or more. Checks are paid on amounts of $1,000 or more. Reps will be paid on all commissions and trails from sponsors who provide commission data electronically. Reps will not be paid for amounts which total less than $15 per sponsor check if those amounts must be hand posted. Fees may be charged to Reps with less than $100,000 per year in gross commissions.
|
